YEARLY HIGH
1.0771 XDR
YEARLY LOW
1.0296 XDR
YEARLY AVERAGE
1.0565 XDR

2023 JOD to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 1.0771. Conversely, the yearly low was recorded on April 30, dropping to 1.0296.

This high-to-low spread represents a total annual volatility of 0.0474 XDR. From a start-to-finish perspective, comparing the January average rate of 1.0493 to the December average rate of 1.0570, the exchange rate registered a net change of 0.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0771 was down 3.28% compared to the 2022 peak of 1.1136, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 5,385 XDR
2022 Average 5,144 XDR
Yearly Trough Low 5,148 XDR
Transaction Impact: A difference of 237.06 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0762
1.0415
JanuMarcMayJulySeptNove

JOD to XDR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1.0511, compared to 1.0619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 1.0511
H2 Avg (Jul–Dec) 1.0619

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0241 XDR (High: 1.0626 / Low: 1.0385). On the other end, October was the most stable month, with a tight range of 0.0101 XDR (High: 1.0771 / Low: 1.0669).

February Spread (Volatile) ±0.0241
October Spread (Stable) ±0.0101

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0119 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0119

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 1.0674) against the same month in 2022 (average: 1.0299), the exchange rate shifted by +0.0375 (+3.65%).

2023 Avg (September) 1.0674
2022 Avg (September) 1.0299

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0628 1.0426 1.0493
February 1.0626 1.0385 1.0524
March 1.0631 1.0465 1.0563
April 1.0493 1.0296 1.0444
May 1.0584 1.0413 1.0483
June 1.0628 1.0446 1.0562
July 1.0603 1.0405 1.0493
August 1.0651 1.0438 1.0580
September 1.0771 1.0603 1.0674
October 1.0771 1.0669 1.0733
November 1.0753 1.0555 1.0662
December 1.0674 1.0499 1.0570